DiDi Global Inc.

DiDi Global Inc. (DIDI) priced its initial public offering on Jun 30, 2021 at $14.00 per share, and listed on NYSE. At the IPO price its market capitalization was about $15.24B. Goldman Sachs was lead-left underwriter, joined by Morgan Stanley, J.P. Morgan and BofA Securities and others. Skadden, Arps, Maples and Calder and Fangda Partners advised the company and Simpson Thacher and Han Kun advised the underwriters.

DiDi Global Inc. operates a shared mobility platform that began with taxi hailing in China in 2012 and added ride hailing in 2014. It also offers auto solutions for drivers and electric mobility services, and develops autonomous driving technology.

Status

IPO

Ticker

DIDI

Exchange

NYSE

Priced

Jun 30, 2021

IPO price

$14.00

Market cap at IPO price

$15.24B

First filed

Jun 10, 2021

Underwriters

Goldman Sachs, Morgan Stanley, J.P. Morgan, BofA Securities, Barclays, CICC, Citigroup, HSBC, UBS, CLSA, Mizuho and US Tiger

Company counsel

Skadden, Arps, Maples and Calder and Fangda Partners

Underwriters' counsel

Simpson Thacher and Han Kun

Sector

Business services

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.